THE NATIONAL TREASURY AND ECONOMIC PLANNING TENDER SEPTEMBER 2023  

PUBLIC NOTICE 

THE MEDIUM-TERM REVENUE STRATEGY FOR THEFY 2024/25 TO FY 2026/27

The National Treasury and Economic Planning developed a draft Medium-Term Revenue Strategy (MTRS) that
provides a framework for guiding tax reforms to enhance revenue collection over the medium term and improve
the fiscal space to facilitate the Government implement the Bottom-Up Economic Transformation Agenda.
The objectives of the MTRS are to raise the tax revenue to GDP ratio from 13.5 percent in FY 2022/23 to 20 percent
by the end of the FY 2026/27; increase tax compliance during the Strategy; promote investment by removing
market distortions through rationalization of tax expenditures and review of tax rates; and align tax policies with
Government priorities.
In ensuring openness and accountability in financial matters as spelt out in Article 201 of the Constitution, the
National Treasury and Economic Planning, hereby invite Government Departments and Agencies, private sector,
professional associations, non-governmental organizations, and individuals to submit inputs, comments, and
proposals to improve the draft MTRS to facilitate its finalization. Please do not be left out in the development of
this important document for our country. The draft Strategy is available on the National Treasury website.
Comments, inputs and proposals for improvement of the Strategy should be forwarded in writing to the undersigned
or through the email budgetproposals@treasury.go.ke, not later than 6th October, 2023.

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